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Arise Capital Takes Over, Clears Sheffield Wednesday’s -15 Points

5/7/2026

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Summary

Story summary

Arise Capital Partners took over Sheffield Wednesday on Saturday, led by David Storch, Michael Storch and Tom Costin.
The purchase averted the EFL-mandated –15 point penalty, adding to the 18 points already lost, because the offer was below the required 25p per pound to creditors.
When the Owls beat West Brom 2-1, the stadium screen switched from ‘-15’ to ‘0’, sparking cheers from the sell-out crowd.

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Story summary

Arise Capital Partners took over Sheffield Wednesday on Saturday, led by David Storch, Michael Storch and Tom Costin.
The purchase averted the EFL-mandated –15 point penalty, adding to the 18 points already lost, because the offer was below the required 25p per pound to creditors.
When the Owls beat West Brom 2-1, the stadium screen switched from ‘-15’ to ‘0’, sparking cheers from the sell-out crowd.